Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
or
Menu

Gasoline RBOB Feb '13 (RBG13)

Get Real-Time Futures
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYMEX]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ fieldTitles[key] ]] [[ value ]] [[ value ]]

Gasoline RBOB Futures Market News and Commentary


Jan WTI crude oil (CLF19) on Friday closed up sharply by +$1.12 per barrel (+2.18%) and Feb Brent crude (CBG19) closed up +$1.37 (+2.28%). Jan RBOB gasoline (RBF19) closed up by +5.24 cents per gallon (+3.66%). The energy complex rallied sharply Friday with Jan gasoline at a 2-week high after OPEC+ agreed to a larger-than-expected cut in crude output. OPEC+ said at Friday's meeting in Vienna that they agreed to cut crude production by -1.2 million bpd, a bigger cut than the -1.0 million bpd cut in production proposed by Saudi Arabia. Crude prices also moved higher Friday on a weaker dollar and an increase in the crack spread to a 2-week high, which boosts the incentive for refiners to purchase crude to refine into gasoline. Crude prices also have support from Thursday's weekly EIA data that showed U.S. crude inventories plunged by -7.23 million bbl, a much bigger than decline than expectations of -2.0 million bbl.Big Picture Crude Oil Market Factors: Bullish factors include (1) the reinstatement of full U.S. sanctions on Iran as of Nov 5, although the U.S. gave waivers to 8 countries for up to 1.25 mln bpd of Iranian exports, (2) the agreement by OPEC+ on Dec 7 to cut crude oil production by 1.2 million bpd for the first six months of 2019 (Jan-June) (800,000 bpd for OPEC members), which should soak up much of the expected 2019 global oil surplus, and (3) the 50% drop in Venezuelan production seen since 2016. Bearish factors include (1) the surge in U.S. oil production to a record high of 11.7 million bpd, and (2) increased U.S. crude exports that add to global supplies after U.S. crude exports in the week ended Nov 30 rose +761,000 bpd to a record 3.203 million bpd.

Contract Specifications

See More
Contract
Gasoline Blendstock New York Harbor [RBOB]
Contract Size
42,000 gallons
Tick Size
$0.0001 (0.01 cent) per gallon ($4.20 per contract)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) (RTH 8:00a.m. - 1:30p.m.) CST
Exchange
NYMEX
Point Value
$42,000
Margin/Maintenance
$5,060/4,600
First Notice Date
02/04/13
Expiration Date
01/31/13 (expired)

Seasonal Chart

Gasoline RBOB Feb '13
Average Price Chart for 5 Prior Feb Contracts

Commitment of Traders Positions as of Nov 27, 2018

View Chart Details
Commercials - Long / Short
174,250 (-8,834)
251,872 (-7,468)
Non-Commercials - Long / Short
128,755 (-3,841)
52,503 (-2,732)
Producers - Long / Short
101,300 (-4,878)
214,851 (-4,160)
Swap Dealers - Long / Short
44,817 (-781)
8,888 (-133)
Managed Money - Long / Short
77,149 (-2,613)
30,122 (-2,939)
Other Reportables - Long / Short
51,606 (-1,228)
22,381 (+207)
Get Realtime - Quotes and Charts for Futures Traders. Learn More

Price Performance

See More
Period Period Low Period High Performance
1-Month
2.6915 +12.42%
on 01/16/13
3.0500 -0.79%
on 01/30/13
+0.2641 (+9.56%)
since 12/31/12
3-Month
2.5415 +19.06%
on 11/05/12
3.0500 -0.79%
on 01/30/13
+0.4211 (+16.17%)
since 10/31/12

More Gasoline RBOB Quotes

All Futures
Please wait...

Most Recent Stories

More News
Natural Gas Market Commentary

Jan Nymex natural gas (NGF19) on Friday closed up +0.161 (+3.72%). Nat-gas prices recovered from a 1-week low Friday and moved higher on signs of smaller U.S. nat-gas output after Friday's data showed...

Crude and Gasoline Market Commentary

Jan WTI crude oil (CLF19) on Friday closed up sharply by +$1.12 per barrel (+2.18%) and Feb Brent crude (CBG19) closed up +$1.37 (+2.28%). Jan RBOB gasoline (RBF19) closed up by +5.24 cents per gallon...

Midday Market Minute

Actionable ideas for ES, NQ, Crude, Gold, Dollar, ZB and much more.

Natural Gas Market Commentary

Jan Nymex natural gas (NGF19) this morning is up +0.069 (+1.59%). Nat-gas prices posted a 1-week low in overnight electronic trade after NOAA forecast above-normal temperatures for the U.S. Midwest from...

Crude and Gasoline Market Commentary

Jan WTI crude oil (CLF19) this morning is up sharply by +$2.20 per barrel (+4.27%) and Feb Brent crude (CBG19) is up +$2.91 (+4.85%). Jan RBOB gasoline (RBF19) is up by +6.05 cents per gallon (+4.22%)....

Jobs, OPEC and Trade - Blue Line Morning Express

Out to brokerage clients every single morning with actionable trading ideas.

American Exporter. The Energy Report 12/07/18

While there is so much focus on the drama in the OPEC cartel, the real historic news that went unnoticed was that the United States [...]

Downslide Continues...

Yesterday the Dow once again shed some points as the markets weren't correlated. Will we see the same today? Read on to learn more...

RBOB Gasoline Spread

RBOB January May 2019 Calendar spread to play a difficult market

Natural Gas Market Commentary

Jan Nymex natural gas (NGF19) on Thursday closed down -0.142 (-3.18%). Nat-gas prices moved lower Thursday after NOAA forecast above-normal temperatures for the U.S. Midwest from Dec 11-15. Signs of...

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 100% Buy with a Strongest short term outlook on maintaining the current direction.

Longer term, the trend strength is Maximum. Long term indicators fully support a continuation of the trend.

The market is in highly overbought territory. Beware of a trend reversal.

See More Share

Key Turning Points

2nd Resistance Point 3.0659
1st Resistance Point 3.0458
Last Price 3.0258s
1st Support Level 2.9974
2nd Support Level 2.9691

See More

52-Week High 3.0500
Last Price 3.0258s
Fibonacci 61.8% 2.7258
Fibonacci 50% 2.6257
Fibonacci 38.2% 2.5256
52-Week Low 2.2014

See More

InsideFutures Commentary

InsideFutures is a twice weekly newsletter that features a selection of the latest and best commodities commentary appearing on Barchart.com. Delivered every Wednesday and Friday morning to your inbox.

Add Data Columns to this Table
Learn about our Custom Views
Want to use this as
your default charts setting?
Learn about our Custom Templates
Switch the Market flag
above for targeted data.
Open the menu and switch the
Market flag for targeted data.
Get Streaming Chart Updates
Switch your Site Preferences
to Interactive Chart
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar